The settlement price for the futures contract on RTS Index made 177 232 points. This indicator is determined based on the average value of RTS Index for the last trading hour. On March 14, 2007 it made 1772,32 points. Performance of the March contract will take place on March 15, 2007. The performance volume will be 46 582 contracts or 2 161 976 619 rubles.
Futures on RTS Index was launched on August 3, 2005. At present moment futures on RTS Index is the most popular contract – it makes up more than 25% of the total turnover on the derivatives’ market FORTS.
The RTS Index, the official Exchange indicator first calculated on September 1, 1995, has since become the benchmark in Russian securities' industry. The Index is computed on thirty-minute intervals using real-time prices of the most liquid stocks listed on the Exchange basing on the data of trades, made on RTS Classic market (for the period from 10.30am to 6.45 pm, Moscow time). The RTS Index is calculated based on 50 most liquid and capitalized stocks picked by the RTS Information Committee experts.
